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IBC Bank · 3 weeks ago

Appraiser Analyst I

Laredo, TX

Full-time

Onsite

Entry Level

1+ years exp

IBC Bank is a dynamic organization focused on the growth and success of its employees and communities. The Appraiser Analyst I will ensure that appropriate real estate valuations are obtained and reviewed in compliance with Federal Regulations and Bank lending Policies, while also communicating with various stakeholders to facilitate appraisal reviews.

BankingFinancial ServicesInsuranceMortgageVenture Capital

Responsibilities

Communication with Appraisers, Underwriters, and Reviewers to process all Appraisal Reviews

Proactively monitor status of all loan renewals

Effectively communicate in writing the result of each appraisal review

Assist to solve complex appraisal issues and have ability to communicate results to the client

Assists Lending Officers, Credit Managers, and Credit Analysts with questions regarding Real Estate Appraisal and Evaluation ordering and review policies and procedures

Ensure the operation and full compliance with internal policies and procedures as well as applicable regulations and laws, including but not limited to FIERRA and USPSP requirements

Responsible to report any procedure or process that doesn’t meet regulatory requirements including fraud, whether suspected or confirmed, to management. This reporting can be done directly to any member of management, including Corporate Credit Manager or Sr. Lending Staff

Adherence to Company policy and procedures is required

Perform duties in accordance with the Vision & Values of International Bank of Commerce

Basic math and reading skills, and attention to detail

Use of basic office equipment (e.g., photocopier, voice mail, "fax" machine, calculator, multiple line telephones, typewriter, computers etc

Represent the organization in a professional and positive manner

Maintain credit exception approval percentages within corporate approved guidelines

Review appraisal report and supplemental documentation to determine accuracy of report

Identify appraisals where value conclusions differ and coordinate the process of reconciliation

Coordinate the communication process between various vendors to facilitate final resolution

Maintain detailed records of the resolution process

Communicate with Internal and external customers to explain appraisal product findings

Coach vendors regarding appraisal practices and technical issues including policy, procedure change and regulatory compliance

Coordinate and monitor any third-party vendors contracted to fulfill the real estate appraisal ordering, valuation, and review requirements of the bank. Ensuring that adequate timing, quality, and service levels are maintained by those third-party vendors and the bank's internal processes

Assist in the ordering, review, and quality control of real estate appraisals and evaluations, as needed based on transaction volumes

Answer questions from appraisers, Credit Administration, Internal Compliance, and Federal Regulators regarding the Bank's Consumer Appraisal Policies and Procedures Daily

Qualification

Real Estate Appraisal TheoryRegulatory complianceAnalyticalMicrosoft OfficeCommunicationMathematicalOperate Office EquipmentVerbal CommunicationWritten CommunicationCritical thinkingProblem-solvingDetail orientedOrganizational skills

Required

Communication with Appraisers, Underwriters, and Reviewers to process all Appraisal Reviews

Proactively monitor status of all loan renewals

Effectively communicate in writing the result of each appraisal review

Assist to solve complex appraisal issues and have ability to communicate results to the client

Assists Lending Officers, Credit Managers, and Credit Analysts with questions regarding Real Estate Appraisal and Evaluation ordering and review policies and procedures

Ensure the operation and full compliance with internal policies and procedures as well as applicable regulations and laws, including but not limited to FIERRA and USPSP requirements

Responsible to report any procedure or process that doesn't meet regulatory requirements including fraud, whether suspected or confirmed, to management

Adherence to Company policy and procedures is required

Perform duties in accordance with the Vision & Values of International Bank of Commerce

Basic math and reading skills, and attention to detail

Use of basic office equipment (e.g., photocopier, voice mail, 'fax' machine, calculator, multiple line telephones, typewriter, computers etc

Represent the organization in a professional and positive manner

Maintain credit exception approval percentages within corporate approved guidelines

Review appraisal report and supplemental documentation to determine accuracy of report

Identify appraisals where value conclusions differ and coordinate the process of reconciliation

Coordinate the communication process between various vendors to facilitate final resolution

Maintain detailed records of the resolution process

Communicate with Internal and external customers to explain appraisal product findings

Coach vendors regarding appraisal practices and technical issues including policy, procedure change and regulatory compliance

Coordinate and monitor any third-party vendors contracted to fulfill the real estate appraisal ordering, valuation, and review requirements of the bank

Assist in the ordering, review, and quality control of real estate appraisals and evaluations, as needed based on transaction volumes

Answer questions from appraisers, Credit Administration, Internal Compliance, and Federal Regulators regarding the Bank's Consumer Appraisal Policies and Procedures Daily

Microsoft Office

Verbal Communication

Written Communication

Mathematical

Operate Office Equipment

Analytical

Communication

Strong critical thinking and problem-solving skills

Regulatory compliance

Real Estate Appraisal Theory and Application

Ability to grasp new technology and computer applications quickly

Strong written and oral communication skills

Comfortable working at a fast pace

Bachelor's Degree (Finance, Real Estate, Accounting) or equivalent combination of education and appraisal experience

Ability to analyze data, draw sound conclusions and summarize results

Detail oriented and self-motivated

Must be able to work in a fast paced, accurate environment

Must have good communication skills, both written and verbal, and must be able to deliver a clear and understandable message to a variety of audiences including appraisers, vendors, and operational staff

Good organizational skills with the ability to multi task, prioritize and follow up